EXANTE is a global investment firm founded in 2011 by Anatoly Knyazev, Alexey Kirienko, and Gatis Eglitis. Regulated by the SFC in Hong Kong, FCA in the United Kingdom, the CySEC in Cyprus, and the MFSA in Malta, the broker has over 2 billion USD in total assets at the time of writing in 2024. The broker was founded to improve transparency in the financial markets through innovative technology solutions, and their trading platform is a good example of how it has come to achieve this for their clientele.
In this review, we will focus specifically on the EXANTE trading platform for advanced traders and look at some of the more complex features it offers. If you would like to know more about the platform in general, you can read an EXANTE trading platform review.
Trading platform – basic review
Looking at the proprietary trading platform from EXANTE, there are three things that stand out from the beginning: its high execution speeds at 10ms, the huge range of instruments that are accessible with the broker, and the ease of use with clear charting and an interface for fast ordering.
The platform is supported on mobile (iOS and Android), through a web terminal, and on desktop (iOS and Windows). This makes it easy for traders to switch between devices, and trading while on the go can be done.
Trading platform installation and set-up
The installation and set-up for the trading solution is straightforward and like most procedures. After downloading the version appropriate for the trader’s operating system, they can follow installation instructions. Traders can then either register for an account with EXANTE or sign in, and they can choose between the live and demo versions of the platform. For those who wish to practice trading, the platform demo account comes with over 1,000,000 EUR of virtual funds.
(Note: to access the live trading platform, traders should ensure that they have verified their identity and fulfilled the minimum deposit requirements.)
APIs for automated trading
FIX API
EXANTE offers an API for automated trading and quotes monitoring for their advanced clients. This can be integrated into their trading solution, and the API is based on the most common protocol on the market, FIX 4.4. Traders can obtain market data and execute trades with the protocol, and all data that is transferred is encrypted.
The tool can be used to monitor all account activity in the trading platform interface out of the box. More tools can also be integrated. However, traders should know that their orders made from the trading platform interface cannot be monitored with FIX. Though, this is quite standard, and this is not something that traders would have to worry about as the trading platform is available on multiple devices.
HTTP API
The broker also offers their own HTTP API. This is a mix of HTTP Rest and HTTP streaming, and traders can access live and historical quotes of instruments. They can also view more data in their account summary, such as orders, trades, and information on transactions.
The advantage of this API is the ability for advanced traders to create their own data-rich financial apps for a variety of purposes. For example, traders can set up a messenger bot to send them price alerts, and they can build option strategy advisors to analyze market performance. They can also integrate websites with stock tickers and access wholesale trading solutions, and they can customize their trading strategy easily while gaining access to market data sources.
Cost of APIs
EXANTE does not charge their clients a fee for FIX and WEB API access. Traders with the broker who has an account balance higher than 50,000 EUR/GBP can contact the firm and request access to LIVE FIX or WEB API.
Other features of the EXANTE trading platform
Aside from the above solutions, some other things to mention when working with this platform include the ability to convert currencies. EXANTE offers multi-currency trading accounts, so retail and professional traders alike will have access to conversion functionalities, including automatic currency conversion.
There is also the possibility for traders to view their transactions and orders at a glance in their account summary, and it goes without saying that take profit / stop loss orders are a staple on the platform. There are detailed videos available on the EXANTE website, which is a good source of help for traders who get stuck. They also offer customer support that can resolve both account needs and platform issues.
Closing thoughts
EXANTE designed their trading platform to deliver to their clients a wide range of instruments and markets, which they have done successfully. With over one million tradable instruments, it will leave traders spoiled for choice when it comes to portfolio diversification. Aside from the regular, indispensable functions of trading platforms such as a range of market orders, a detailed account summary, clear and customizable charting, and currency conversion, what will draw readers in the most is probably the fact that there are APIs that can be integrated for automated trading. Overall, with fast order execution and a friendly user interface, we can recommend the EXANTE trading platform for experienced traders who wish to try something new or trade in diverse markets.
